Marcus & Millichap Brokers Sell Thousand Oaks Multifamily Property For $1.116M With Glen Scher & Filip Niculete As REP
2661 Los Robles Road
1,912 SF
Summary
The multifamily property located at 2661 Los Robles Rd in Thousand Oaks was recently sold for $1,116,000. The property consists of 3 units, with a price per unit of $372,000. The total square footage of the property is 1,912, resulting in a price per square foot of $583. The Gross Rent Multiplier (GRM) for this property is 13.60.
Summary of Transaction Details:
- Property Type: Multifamily
- Transaction Amount: $1,116,000
- Address: 2661 Los Robles Rd
- Market: Thousand Oaks
- Units: 3
- Price per Unit: $372,000
- Square Footage: 1,912
- Price per Square Foot: $583
- Gross Rent Multiplier (GRM): 13.60
The transaction was facilitated by Glen Scher and Filip Niculete from Marcus & Millichap, along with Angie Churchill from RE/MAX Gold Coast. The property was built in 1947 and underwent renovations in 2017, making it a turn-key property. The market of Thousand Oaks offers a high barrier to entry, and the transaction received significant interest, with 21 offers generated. Additionally, there is potential to add an Additional Dwelling Unit (ADU) to the property.
Read LessPlayers
All
4
Agents
3
Agencies
1
Details
View on map
Loading...
Comparables
Reset filters to show results.
Contact
Get in touch with the broker you want